#Business Expansion
How do I expand into a new city or region without overextending my resources?
This week’s edition of Let’s Talk, our experts weigh in on when it’s actually the right time to expand, and how to do it without stretching your business too thin.
Expansion vs cost-cutting: What should your business focus on?
Should you look at expanding the business or instead reduce costs to improve margins? Here are key things to think about when deciding…
How to scale up your business globally – and effectively
Byline: David Link, CEO & Founder of Verrency Overseas expansion is often considered for homegrown companies looking to increase their revenue and customer base. While the lure of international expansion can be promising, it is no easy path in understanding a new environment and also being able to upscale existing operations. Your capital and human […]
It’s a Digital Jungle out there: Dr Matthew McDougall; helping businesses overcome ‘culture shock’ in China
Any traveller will appreciate what ‘culture shock’ feels like; that moment when we first set foot in an unfamiliar civilisation and realisation suddenly strikes: Our understanding of social cues, customs, behaviour, and communication have suddenly become defunct. These are our social navigation tools – tools we take for granted – until they’re no longer there […]
A story rarely told: Some start-ups refute alarming failure statistics and exceed expectations
Small business failure rates are alarming – or so we are told. Along every avenue of research an enthusiastic entrepreneur will take, their spark, at some point, will be doused by bold assertions: “8 Out of 10 entrepreneurs who start businesses fail within the first 18 months” (www.forbes.com). For anyone in the throes of a […]
Investors look to Africa for new opportunities
Infrastructure development remains the launch pad Africa needs to kickstart the economic transformation it desperately needs. And these are opportunities for foreign investors.
How to break into a new market
Breaking into a new market involves months, sometimes years, of planning. It involves a lot of research, time and energy and like anything in business, preparation and homework can prove the difference between success and failure.
The legal complexities of going international
Expanding globally can be a great way to grow your franchise business, but its no easy ride.
Get serious about successful business growth
The primal instinct of any business owner is successful business growth. The reality is few business expansions ever reach regional, national and international levels. Why? How can you grow your business? The combination of focus on the value proposition, target customer and a sustainable business model is not sufficient nor considered enough to produce the […]